Upon his accession he reduced the silver purity of the denarius from 46.5% to 43% — the actual silver weight dropped from 1.41 grams to 1.30 grams; however, in 229 he revalued the denarius, increasing the silver purity and weight to 45% and 1.46 grams. The following year he decreased the amount of base metal in the denarius while adding more silver, raising the silver purity and weight again to 50.5% and 1.50 grams. Additionally, during his reign taxes were lightened; literature, art and science were encouraged; and, for the convenience of the people, loan offices were instituted for lending money at a moderate rate of interest.